Pre-authorisation of e-DIS (Electronic Delivery Instruction Slip) is a process that allows traders to authorise the sale of their holdings Before The Market Opens. This helps in faster trade execution and prevents delays caused by authorization steps during active trading hours.
By generating a TPIN (Transaction PIN) in advance, you can directly place sell orders during market hours without needing to approve the transaction at the time of selling. This ensures you don’t miss out on your desired price due to last-minute authorization delays.
To pre-authorize e-DIS for selling stocks on Lakshmishree, follow these steps:
- If Your E-Dis Is Not Enabled, you will see the e-DIS option in the menu. You need to click on it for pre-authorization process.
- If Your E-Dis Is Already Enabled, you won’t see any option, and no further action is required for selling.